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PCR Trading Strategy part 1The Put-Call Ratio (PCR) is a technical indicator used by traders to gauge market sentiment and identify potential trend reversals. It's calculated by dividing the total open interest of put options by the total open interest of call options. A high PCR (above 1) suggests bearish sentiment, while a low PCR (below 1) indicates bullish sentiment. Traders often use PCR as a contrarian indicator, meaning they might look to buy when the PCR is high, anticipating a reversal, or sell when it's low, expecting a downturn.
NSE:RELIANCEEducation
by SkyTradingZone
4
Option and Database TradingIn financial terms, "option trading" and "database trading" refer to distinct activities. Option trading involves buying and selling contracts that grant the right, but not the obligation, to buy or sell an underlying asset at a specific price within a certain timeframe. Database trading, on the other hand, is not a standard financial term. It likely refers to trading or managing data within databases, which could include activities like data analysis, querying, or manipulation.
NSE:HALEducation
by SkyTradingZone
2
SENSEX INDEX As of the close on May 22, 2025, the BSE Sensex stood at 80,951.99, marking a decline of 0.79% from the previous session. 📊 Daily Support and Resistance Levels Based on technical analysis, the following support and resistance levels have been identified for the BSE Sensex: Classic Pivot Points: Pivot Point: ₹80,921.72 Resistance Levels: R1: ₹81,353.51 R2: ₹81,755.04 R3: ₹82,186.83 Support Levels: S1: ₹80,520.19 S2: ₹80,088.40 S3: ₹79,686.87 Fibonacci Pivot Points: Resistance Levels: R1: ₹81,240.04 R2: ₹81,436.71 R3: ₹81,755.04 Support Levels: S1: ₹80,603.39 S2: ₹80,406.72 S3: ₹80,088.40 Camarilla Pivot Points: Resistance Levels: R1: ₹81,028.38 R2: ₹81,104.77 R3: ₹81,181.15 Support Levels: S1: ₹80,875.60 S2: ₹80,799.21 S3: ₹80,722.83 📈 Technical Outlook The Sensex has entered a negative trend in the last trading session. It is considered bearish until it trades above ₹81,974 on a daily closing basis. 🔍 Summary Current Price: ₹80,951.99 Immediate Resistance Levels: ₹81,353.51, ₹81,755.04, ₹82,186.83 Immediate Support Levels: ₹80,520.19, ₹80,088.40, ₹79,686.87 Bearish Threshold: A daily close below ₹81,974 indicates a bearish trend. Traders should monitor these levels closely and consider broader market trends and economic indicators when making investment decisions.
BSE:SENSEXLong
by TechnicalExpress
APTUS VALUE HSG FIN (I) LTDAs of May 22, 2025, Aptus Value Housing Finance India Ltd (NSE: APTUS) closed at ₹336.65, marking a 1.89% increase from the previous session. 📊 Daily Support and Resistance Levels Based on technical analysis, the following support and resistance levels have been identified for Aptus Value Housing Finance India Ltd: Classic Pivot Points: Pivot Point: ₹328.32 Support Levels: S1: ₹298.13 S2: ₹264.57 S3: ₹234.38 Resistance Levels: R1: ₹361.88 R2: ₹392.07 R3: ₹425.63 Fibonacci Retracement Levels (from recent downtrend): Resistance Levels: 23.6%: ₹319.49 38.2%: ₹323.75 50%: ₹327.20 61.8%: ₹330.65 76.4%: ₹334.91 📈 Technical Indicators Overview Relative Strength Index (RSI): 43.56 (indicates a bearish trend) Stochastic RSI: 11.05 (oversold condition) MACD: 0.47 (bullish crossover) Average Directional Index (ADX): 31.01 (indicates a strong trend) Commodity Channel Index (CCI): -165.91 (suggests the stock is oversold) 📌 Summary Current Price: ₹336.65 Immediate Support Levels: ₹328.32, ₹298.13 Immediate Resistance Levels: ₹361.88, ₹392.07 Given the current technical indicators and support/resistance levels, traders should exercise caution. Monitoring the stock's movement around these key levels can provide insights into potential trading opportunities. It's advisable to consider these technical factors in conjunction with broader market trends and fundamental analysis before making investment decisions.
NSE:APTUSLong
by TechnicalExpress
DABUR INDIA LTDAs of May 22, 2025, Dabur India Ltd (NSE: DABUR) closed at ₹477.05, reflecting a 0.98% decline from the previous session. 📊 Daily Support and Resistance Levels Based on technical analysis, the following support and resistance levels have been identified for Dabur India Ltd: Classic Pivot Points: Pivot Point: ₹476.48 Support Levels: S1: ₹474.61 S2: ₹473.23 S3: ₹471.36 Resistance Levels: R1: ₹477.86 R2: ₹479.73 R3: ₹481.11 Additional Support and Resistance Levels: Support: ₹470.28, ₹473.67, ₹478.38 Resistance: ₹481.77, ₹486.48, ₹489.87 📈 Technical Indicators Overview The current technical indicators suggest a bearish outlook for Dabur India Ltd: Relative Strength Index (RSI): 43.56 (indicates a bearish trend) Stochastic RSI: 11.05 (oversold condition) MACD: 0.47 (bullish crossover) Average Directional Index (ADX): 31.01 (indicates a strong trend) Commodity Channel Index (CCI): -165.91 (suggests the stock is oversold) 📌 Summary Current Price: ₹477.05 Immediate Support Levels: ₹474.61, ₹473.23, ₹471.36 Immediate Resistance Levels: ₹477.86, ₹479.73, ₹481.11 Given the current technical indicators and support/resistance levels, traders should exercise caution. Monitoring the stock's movement around these key levels can provide insights into potential trading opportunities. It's advisable to consider these technical factors in conjunction with broader market trends and fundamental analysis before making investment decisions.
NSE:DABURLong
by TechnicalExpress
GAIL (INDIA) LTDAs of May 21, 2025, GAIL (India) Ltd. (NSE: GAIL) is trading at ₹191.10, reflecting a 0.86% increase from the previous close. 📊 1-Day Support & Resistance Levels Based on the Classic Pivot Point method, the following support and resistance levels have been identified: Pivot Point: ₹191.33 Support Levels: S1: ₹188.67 S2: ₹186.23 S3: ₹183.57 Resistance Levels: R1: ₹193.77 R2: ₹196.43 R3: ₹198.87 📈 Technical Indicators Relative Strength Index (RSI): 60.63 – Indicates bullish momentum. MACD (12,26): 1.34 – Suggests a bullish crossover. Average Directional Index (ADX): 35.59 – Reflects a strong trend. Commodity Channel Index (CCI): 48.46 – Neutral. Rate of Change (ROC): 2.75 – Positive momentum. Money Flow Index (MFI): Not specified. 📉 Moving Averages 50-day EMA: ₹226.29 200-day EMA: Not specified. The current price is below the 50-day EMA, indicating a potential bearish trend in the short term. 🔍 Market Outlook GAIL (India) Ltd. is exhibiting mixed signals. While technical indicators like RSI and MACD suggest bullish momentum, the stock trading below its 50-day EMA indicates caution. Traders should monitor the support and resistance levels closely; a breach above R1 (₹193.77) could indicate further upside, while a drop below S1 (₹188.67) might suggest a potential decline.
NSE:GAILLong
by TechnicalExpress
ASIAN PAINTS LTDAs of May 21, 2025, Asian Paints Ltd. (NSE: ASIANPAINT) closed at ₹2,295.60, reflecting a 1.54% decline from the previous day. The stock is currently trading approximately 32% below its 52-week high of ₹3,394.00, reached on September 16, 2024. 📊 1-Day Support & Resistance Levels Based on the Classic Pivot Point method, the following support and resistance levels have been identified: Pivot Point: ₹2,311.57 Support Levels: S1: ₹2,275.43 S2: ₹2,255.27 S3: ₹2,219.13 Resistance Levels: R1: ₹2,331.73 R2: ₹2,367.87 R3: ₹2,388.03 📈 Technical Indicators Relative Strength Index (RSI): 41.88 – Indicates neutral momentum. Moving Average Convergence Divergence (MACD): -15.56 – Suggests bearish momentum. Average Directional Index (ADX): 17.09 – Reflects a weak trend strength. Rate of Change (ROC): -5.80 – Points to a declining price momentum. Money Flow Index (MFI): 29.47 – Indicates potential oversold conditions. Supertrend: ₹2,468.26 – The current price is below this level, signaling a bearish trend. 📉 Moving Averages 50-day Simple Moving Average (SMA): ₹2,342.83 100-day SMA: ₹2,304.44 200-day SMA: ₹2,614.84 The current price is below all these moving averages, indicating a bearish outlook. 🔍 Market Outlook Asian Paints Ltd. is exhibiting bearish signals across multiple technical indicators. The stock's position below key moving averages and a declining RSI suggest continued downward pressure. Traders should monitor the support levels closely; a breach below S1 (₹2,275.43) could indicate further downside, while a move above R1 (₹2,331.73) might suggest a potential reversal.
NSE:ASIANPAINTLong
by TechnicalExpress
EDELWEISS FIN SERV LTDAs of May 21, 2025, Edelweiss Financial Services Ltd. (NSE: EDELWEISS) is trading at ₹93.89, marking a 2.84% increase over the previous day. TradingView 📊 1-Day Support & Resistance Levels (Classic Pivot Method) Based on the previous trading day's price range, the following support and resistance levels have been identified: Support Levels: S1: ₹90.68 S2: ₹87.07 S3: ₹85.09 Resistance Levels: R1: ₹96.27 R2: ₹98.25 R3: ₹101.86 Pivot Point: ₹92.66 🔍 Technical Indicators Relative Strength Index (RSI): 58.01 (indicates uptrend) Commodity Channel Index (CCI): 62.68 (indicates uptrend) Money Flow Index (MFI): 74.25 (indicates strong uptrend) 📈 Moving Averages 20-day EMA: ₹90.32 50-day EMA: ₹88.93 100-day EMA: ₹86.66 200-day EMA: ₹84.35 📝 Trading Insights The current price is above the pivot point, suggesting a bullish stance. If the price continues to rise, it may test the resistance levels. Conversely, a drop below the pivot could lead to testing the support levels.
NSE:EDELWEISSLong
by TechnicalExpress
TAMILNAD MERICA BANK LTDAs of May 21, 2025, Tamilnad Mercantile Bank Ltd. (NSE: TMB) is trading at ₹451.80, reflecting a 0.97% increase over the previous day. 📊 1-Day Support & Resistance Levels (Classic Pivot Method) Based on the previous trading day's price range, the following support and resistance levels have been identified: Support Levels: S1: ₹449.03 S2: ₹446.27 S3: ₹443.43 Resistance Levels: R1: ₹454.63 R2: ₹457.47 R3: ₹460.23 Pivot Point: ₹451.87 📈 Technical Indicators Moving Averages: 20-day EMA: ₹444.47 50-day EMA: ₹437.38 100-day EMA: ₹438.24 200-day EMA: ₹446.85 Oscillators: Relative Strength Index (RSI 14): 58.01 (indicates uptrend) Commodity Channel Index (CCI 14): 62.68 (indicates uptrend) Money Flow Index (MFI): 74.25 (indicates strong uptrend) 🔍 Trading Insights The current price is slightly below the pivot point, suggesting a neutral to slightly bullish stance. If the price moves above the pivot point, it may test the resistance levels. Conversely, a drop below the pivot could lead to testing the support levels.
NSE:TMBLong
by TechnicalExpress
TATA COMMUNICATIONS LTDTata Communications Limited is a leading Indian multinational telecommunications company and a key player in the global digital infrastructure landscape. Headquartered in Mumbai, it operates as a subsidiary of the Tata Group and is publicly traded on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol TATACOMM. 🏢 Company Overview Founded: 1986 as Videsh Sanchar Nigam Limited (VSNL); rebranded to Tata Communications in 2008. Ownership: Majority-owned by Tata Group (58.87%), with the remaining shares held by public investors. Global Reach: Operates in over 190 countries and territories, carrying approximately 30% of the world's internet routes. Leadership: MD & CEO: Amur Lakshminarayanan Chairperson: Renuka Ramnath 🌐 Services & Solutions Tata Communications positions itself as a digital ecosystem enabler, offering a comprehensive suite of services: Network & Connectivity: Global IP networks, Ethernet, MPLS, and SD-WAN solutions. Cloud & Edge Computing: Multi-cloud connectivity, edge computing platforms, and managed cloud services. Cybersecurity: Advanced threat detection, cloud security, and managed security services. Unified Communications: Solutions like GlobalRapide and JAMVEE for seamless collaboration. IoT & Mobility: IoT connectivity solutions, including LoRaWAN and private networks. Content Delivery: Robust CDN services for optimized content delivery. These offerings cater to diverse industries, including automotive, manufacturing, logistics, aviation, and retail. 📈 Financial Highlights In the first quarter of fiscal year 2024, Tata Communications reported: Revenue: ₹56.33 billion (approx. $673.4 million), marking an 18% year-over-year increase. Data Services Growth: 20% rise, contributing over 80% to total revenue. Digital Portfolio Expansion: 52% growth, driven by increased demand for digital services. Net Profit: ₹3.33 billion, a 13% decline due to a 20% rise in expenses. EBITDA Margin: Contracted to 20% from 21.5% the previous year. The company aims to achieve data business revenue of ₹280 billion by FY27, up from ₹178.98 billion in FY24. 🔄 Strategic Initiatives Acquisition of Kaleyra: In October 2023, Tata Communications acquired Kaleyra, a Communications Platform as a Service (CPaaS) company, enhancing its capabilities in cloud communications and customer engagement. Infrastructure Expansion: Continues to invest in subsea cable systems, including the Tata Global Network, to strengthen global connectivity. Digital Transformation Focus: Emphasizes enabling digital transformation for enterprises, supporting borderless growth and innovation.
NSE:TATACOMMLong
by TechnicalExpress
USHA MARTIN LTD.USHA MARTIN LTD. USHA MARTIN BREAKS OUT! 7.5% SURGE SIGNALS MASSIVE RALLY AHEAD USHAMART Made Beautiful Chart Structure of Kinda Triple Bottom Reversal Pattern today after Q4 Results with Good Price and Volume action and Breaking the Trendline. Price Action: -The stock has been in a downtrend since November 2024, forming a clear descending resistance line (white diagonal Trendline) -Currently showing strong breakout momentum at ₹334.85, up *23.75 (+7.46%) in today's session -Successfully broken above both the downtrend line and horizontal resistance at *320-325 -Multiple tests of support at the *290 level have created a solid base for the current rally -Higher lows forming since March indicate increasing buying pressure Volume Analysis: - Today's volume at 4.98M shares vs. average of 688.65K (over 7x normal volume) -Previous support bounces (green arrows) also occurred with increased volume - Extremely high volume on today's breakout confirms strong institutional interest - Volume profile shows healthy accumulation during support tests Key Support and Resistance Levels: - Strong support established at *290 level (green horizontal line) - Intermediate resistance/support at *320-325 (lower red horizontal line) -Major resistance at *350 level (upper red horizontal line) - The previous rejection point at ₹350 (red arrow) now becomes the next target - Long-term resistance from October to December 2024 around *420 Technical Patterns: 1. Downtrend Line Breakout*- Price has decisively broken above the multi-month downtrend line 2. Kinda Triple Bottom- Formed at ₹290 level (February-May), creating a solid foundation 3. Ascending Triangle- Recent price action shows higher lows against horizontal resistance 4. Volume Confirmation- Massive volume spike validates the technical breakout 5. Bullish Engulfing Candle-Today's price action engulfs previous bearish candles Trade Setup: - Pattern: Downtrend line breakout + horizontal resistance break - Confirmation: Strong price action with 7x normal volume - Context: Potential trend reversal after extended downtrend and base formation Entry Points: 1. Aggressive Entry: Current price (*334.85) with partial position 2. Pullback Entry: On retest of breakout level *320-325 3. Confirmation Entry: Add positions on close above ₹350 (previous resistance) Exit Strategy: - Target 1: *350 (immediate resistance) - Target 2: *380 (intermediate resistance based on prior support level) - Target 3: *420 (major resistance from December 2024) - Trailing Stop: Implement a 5% trailing stop after Target 1 is achieved Stop Loss Placement: - Aggressive Stop: 315 (below breakout level) - Conservative Stop: 305 (midpoint between support and breakout) - Pattern-Based Stop: 290 (below the triple bottom support) Risk Management: - Position sizing: Limit risk to 1-2% of trading capital -Risk-reward ratio: Maintain at least 1:1.5 (with aggressive stop) - Consider scaling in: 50% at current level, 25% on pullback, 25% on further confirmation - Scale out: 30% at Target 1, 40% at Target 2, hold remainder with trailing stop Today's powerful breakout on record volume after forming a kinda triple bottom pattern suggests a potential trend reversal. The breakout above both the descending trendline and horizontal resistance provides a compelling technical case for upside continuation. If the stock can maintain momentum above the *325 level, it could target the next resistance at ₹350 quickly, with potential for a move toward *380-420 in the coming weeks. Keep in the Watchlist. NO RECO. For Buy/Sell. Thank you for exploring my idea! I hope you found it valuable. FLLOW for more BOOST if useful COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:USHAMARTLong
by TechnicalExpress